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� �OU�0048� 12. SIGNS: All advertising signs, billboards, or any other advertising devices on any lot within the Commercial Properties shall be subject to the prior written approval of the Developer pursuant to Paragraph 3 above. 13. OWNER'S ASSOC/ATION: Every person or entity who becomes a titleholder of a fee or undivided fee interest in any lot within the Commercial Properties shall be a member of the Corporation. However, any person or entity who holds such interest merely as security for the performance of an obligation shall not be a member. 14. MEMBERSHIP: The Corporation shall have the following two classes of membership: Class A membership shall include all members of the Corporation except the Developer and any successor in interest. Each Class A member of the Corporation shall be entitled to all the rights of inembership and to one vote for each Assessment Unit. Class B membership shall include only the Developer and any successor in interest. The Class B member shall be entitled to eight votes for each Assessment Unit. However, the Class � membership shall be converted to Class A membership when the total number of votes entitled to be cast by Class A members equals the total number of votes entitled to be cast by the Class B members. 15. CONVEYANCE: The Developer shall convey its interest, if any, in the Commons and Easements to the Corporation, free from liens, prior to the date on which the Developer's Class B membership in the Corporation is converted to Class A membership. 16. CONTROL: The Corporation shall exercise exclusive control over any Commons and Easements conveyed to it by Developer. The Corporation may limit access to the Commons. The Corporation shall have the right from time to time to establish, revoke, modify and enforce reasonable rules and regulations with respect to all or any part of the Commons. 17. MA/NTENANCE: The Corporation covenants and each member of the Corporation, by the acceptance of a deed by which the interest requisite for membership is acquired, shall be deemed to covenant to maintain the Commons and Easements, which covenants by the members shall be satisfied by the payment of annual and special assessments for the administration, maintenance or improvement of the Commons and Easements. The covenant to maintain the Commons and Easements shall include insuring the Commons and Easements against public liability and property damage, including the addition of the titleholder of any lot upon which a portion of the Easements may be located as an additional insured. Such insurance shall be in commercially reasonable amounts. Annual and special assessments shall be based upon the Assessment Units allocated to the lots within the Commercial Properties as provided in Paragraphs 19 and 21. Each assessment shall be the personal obligation of the member who is, or was, the titleholder of the lot assessed at the time of the assessment. If not paid 4 ,